The restructuring costs involved paying workers decent retrenchment packages, paying post-commencement creditors and paying lessors of aircraft which have been returned
Pravin Gordhan says R10.5 billion for SAA has full cabinet support
Public enterprises minister Pravin Gordhan says differences between himself and finance minister Tito Mboweni over funding SAA were overcome by "a clear government mandate authorised by a cabinet decision" to provide the airline with R10.5bn to cover the costs of restructuring...
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